@wallstreetrookie are u okay or not. I hope u doin fine

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd, the largest aluminium smelter and a prominent aluminium extruder in Southeast Asia, reported that its net profit for the first quarter ended March 31, 2022 (Q1 2022), jumped to RM421.02 million from RM205.72 million in Q1 2021.

Its revenue for the quarter under review rose 86.6 per cent to RM3.92 billion from RM2.1 billion previously, the company said in a filing with Bursa Malaysia today.

QoQ Up, YoY Up

Huat Ah, Huat Chai

Congratulation and celebration

Agree with @wikioon

@wallstreetrookie for u 2.62%, for me already 10%

congratulation and celebration

@ZorosInvestFund correct. im aware of it hehe

KONG KALI KONG

market already price in including ur RAM. chart show market not confident.

bad quarter report

cypark maybe will announce the causes when the price reach 0.05 sen

strong support could be rm0.10

News 25 May 2022 QR:

Matrix Concepts records best-ever property sales

KUALA LUMPUR: Matrix Concepts Holdings Bhd has posted its all-time high new property sales of RM1.3 billion in the financial year ended March 31 2022 (FY22), Surpassing the previous year's achievement of RM1.2 billion.

The Negri Sembilan-based property developer also proposes a one-for-two bonus issue.

Chairman Datuk Mohamad Haslah Mohamad Amin said the company's prospects for FY23 remained bullish, with the reopening of international borders expected to ease the supply of construction labour and enable the company to speed up project delivery progress.

"Our solid financial position allows us to execute our growth plans and maintain our dividend payout of a minimum 50 per cent of net profit to our shareholders," said Haslah.

The company declared a fourth interim dividend of 3.75 sen per share in respect of FY22, with ex-date on June 22, 2022 to be paid on July 7, 2022.

Together with the first interim, second interim and third interim dividend of 2.0 sen, 3.0 sen and 3.75 sen respectively, total dividend payout would amount to RM104.3 million or 52.0 per cent of FY22 net profit.

Just wait the QR :)

News 25 May 2022:
The government has ruled out curtailing cooking oil exports as it has enough supplies to meet local demand. Malaysia aims to fill the world gap in the edible oil world market caused by the Russia-Ukraine war.

cashless payment always has a future....

yes plus somemore, the acquisition of Wannatalk and ScanPay allows the company to build more complete ecosystem by integrating its core capability in their payment solutions provider.. this is not include the company collaboration that users can make transactions via the UnionPay QR in China too..

under ETP, company has launched its ewallet known as wannaPay to pre-purchase duty free products at the airport and the item will be available at the counter after you have cleared immigration.. this feature provides convenience to users.. the border reopening create more opportunity and strategy for company to generate the revenue..

bursa really genting no.2 haha

@WinBigOrLoseAll nice name bursa-de-casino haha

@investmalaysia618 correct. markets never wrong

solve the puzzle by check their financial:
-account receivables
-cash from operating activities
-free cash flow
-gearing ratio

very steady

never invest and buy this stock

congratulation and celebration

u all dont know meh? bursa is genting no.2... while we working also can get the same adrenaline rush like in genting one...

the company is a proxy to the robust domestic e-payment industry:
(i) robust growth in EDC terminals
(ii) regulatory push to drive e-payment adoption
(iii) riding on e-wallet trend
(iv) beneficiary of China cross border e-commerce trend

after all, do u believe people moving backward to use more cash payment rather than using debit card/credit card on EDC terminal? do u believe people will use cash rather e-payment adoption and e-payment growth?

if u believe terminal payment, e-payment, e-wallet will grow time to time, this stock is right for u man :)

the company has 90,000 EDC terminal points which controls a 12% market share in Malaysia’s EDC terminal industry. quiet a substantial amount of market share.

Electronic Data Capture (EDC) terminal contribute to 64.8% revenue,
Electronic Transaction Processing (ETP) contribute to 20.6% revenue,
Solutions and services payment infrastructure contribute to 14.6% revenue.
The more transactions will lead to more ETP generated and will lead more EDC terminal too.

Now we are not in the state of lockdown anymore. So the company will be a direct beneficiary for the current transition of endemic phase and beneficiary of the border reopening because of higher transaction volume. Even the nightclub just been allowed :') so country economy is slowly moving maa. so light up ur cigar for a while.

Relax, the company just end the markdown phase. Ofcourse the stock going to start the accumulation phase again. Atleast the markdown or major selloff phase has end.

When company will release the Quarter Report?

congratulation and celebration

MAYDAY MAYDAY

CRASH

News 18 May 2022:

Aeon Co. (M) Bhd recorded a net profit of RM28.07mil in the first quarter ended March 31, 2022, a 27.38% improvement over RM22.03mil in the previous corresponding quarter on improved retail margin and higher impairment of trade receivables in the comparative quarter.

532TKY could you provide the article link?

kaw kaw

yes brothers haha

@monetary indeed bursa saved by the bell haha.

@IMwhatIM correct

historically, MPI quarter-on-quarter earnings growth is one of the best in the industry :)

MPI's outsourced semiconductor assembly and test (OSAT) have strong order books now to sustain their double-digit earnings growth.

Its Q1 2022 core net profit recorded 6th consecutive QoQ climb to a new high at RM584.5 million on strong loading volume for its packages used in data centres and automotive space.

What a unique name @bang_miskin haha

@Hemsley this is because the factor of 5G issue and Celcom-Digi merger is outweigh than announcement of digital banking license. Boost is their only Axiata digital business portfolio not a core business or their main revenue.

My forecast is correct.

Bank Negara has announced the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia.

According to the Bank Negara one of winner are consortium of Boost Holdings Sdn. Bhd(Axiata) and RHB Bank Bhd.

Next war result the 5G-DNB-SWN & Celcom Digi merger.

hehe

Correct @IMwhatIM. Plus Greatech has a strong foothold for global trends of solar energy & electrical vehicles.

apple168 hope u doin well

Relax, greatech orderbook is RM546 million currently.

https://www.thestar.com.my/business/business-news/2022/04/14/greatech-technology-seeks-potential-partners--to-expand-into-europe

Nice name adikhantamking. Piak piak piak. Recently, i read the order book for Solarvest is at RM762 million. Sure will give great impact for their earnings growth. Solarvest so busy one after reopening border.

Read2.. https://www.thestar.com.my/business/business-news/2022/03/30/solarvests-earnings-likely-to-pick-up-in-fy23

The Electronic Manufacturing Services (EMS) sector is anticipating a healthy flow of contracts on the back of a pickup in consumer demand.

Hence, the reopening borders recently really benefit these EMS players. As when multinational firms can come in more easily, this will help in terms of contract flows which company can
securing new customers.

Another thing, because of labour issues faced by ATA IMS, it benefited its peer in the industry as Dyson contracts will flow to SKP.

I am confident as the company have strong foothold in the plastic injection moulding, tool and die fabrication and the important point is strong contract manufacturing and component assembly.

Piak piak piak is the only word i can say.

When we say goodbye then the stock rise. Walaowei

Haha good one Angelramirez683